Major Wholesaler and Manufacturer of School Wear and Sporting Apparel - Adelaide

3 days ago

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Summary

Annual Revenue over $8M

About the Business

Business ID: XB161965

Annual Revenue over $8M

With over 50 years in business, this company began as a small trader in garment printing and supply and has grown into a multi-faceted operation servicing clients around Australia. There have been several strategic business acquisitions along the way, which have resulted in this business now being the premier supplier of school wear and sporting apparel in South Australia.

The business operates from a large factory and warehouse in Adelaide, which houses the many manufacturing components encompassing the business. There is also a retail arm and showroom for those spontaneous purchases.

The company provides a complete service of garment design and manufacture, including colour matching and the latest fabrics. With the many processes available here, the business is the must-call for many schools and sporting teams seeking not only uniforms but all of the extras required within sport.

The business is well structured with all the specialist processes contained within their own factory space. There is a central receiving and despatch and all is coordinated by the various Department team leaders. The middle management of the General Manager and CFO works with the business owner to manage production schedules and quality control.

Business Highlights

• Over 50 years established
• Full flexible production facility and warehouse
• Middle management team in place
• Operating within a thriving industry sector
• Well positioned for future growth

Terms of settlement: A comprehensive handover post settlement will be provided on all aspects of the operation.

This is an excellent opportunity for buyers to expand the business nationally across Australia and tap into new international markets. It would suit both companies looking to enter the South Australian market and individuals seeking immediate returns.

Asking Price: The business is competitively priced at $930,000, which includes all equipment, intellectual property, and goodwill. Stock is valued separately, estimated at approximately $1-1.5 million.

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